Spread - ISDA Definition

2006 ISDA Definitions

A Jolly Contrarian owner’s manual™

6.2(e) in a Nutshell™

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6.2(e) in all its glory

6.2(e) “Spread” means the per annum rate (which may be negative), if any, expressed as a decimal, specified as such for the Swap Transaction or the party. For purposes of determining a Floating Amount, a Compounding Period Amount or a Basic Compounding Period Amount, the Spread will be added to the Floating Rate. edit

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Overview